Bär & Karrer Advised Open Systems on the Purchase of BITC
EQT portfolio company Open Systems AG, a secure access service edge (SASE) pioneer, has acquired Born In The Cloud Inc. from its founders. BITC is an US-based leading Microsoft Azure Sentinel cyber security expert complementing Open Systems' Managed Detection & Response (MDR) offering.
Bär & Karrer acted as legal advisor to Open Systems in this transaction. The team included Christoph Neeracher, Raphael Annasohn, Yves Suter, Raphael Egger and Li Wei Dutler (all M&A), as well as Susanne Schreiber and Alessia Suter (both Tax).